Trend-following is not such a good model. It’s simply eroded. Things change and being able to adjust is what made Mr. Simons so successful. “Statistic predictor signals erode over the next several years; it can be five years or 10 years. You have to keep coming up with new things because the market is against us. If you don’t keep getting better, you’re going to do worse.
世界上充满了显而易见的事情,但没有人会去注意。
The most exciting moments in mathematics are when you discover something that was hidden in plain sight.
Perception is an active process where the brain constructs meaning from sensory input.
故事的真谛不在于它的情节,而在于它唤起的情感和揭示的真相。
做一个世界的水手,游遍所有的港口。
成功源于合作,而非竞争。
最好的投资是押注能将不确定性转化为机遇的团队。